Sarashi Association
Need help for startup and grow.....My aim is to provide loans to common poor business people at very low interest rates, and much lower than normal banks and finance company like half interest loans, small medical expenses loans
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1 replies4 likes
Rabbul Hussain
Pursuing CMA. Talks...ย โขย 4m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
Itโs the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
This is the best time to get Home loans
you'll save a lot of interest due to repo rate deduction throughout the next few years.
Take my advice buy a property or you'll regret in the future
0 replies6 likes
Akshat kumar Jain
Front end developmen...ย โขย 5m
Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021.
This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending.
With housing loans comprising 30% and vehicle
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0 replies2 likes
Account Deleted
Hey I am on Medialย โขย 1y
Hello Everyone ๐๏ธ,
FED is now trying to cut their interest rates from 5.5% to maybe 3-4% . Now , Inflation is in control so that they will cut fed rates till June .
Due to this , companies don't have high interest on loans so that I think recession
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1 replies8 likes
Atharva Deshmukh
Daily Learnings...ย โขย 1y
About Rates in the market...
To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos:
1)Repo Rate:-The rate at which RBI lends money to oth
Navi Finserv Ordered to Cease Loan Disbursement by RBI ๐จ
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansalโs Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
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0 replies2 likes
mg
News & updatesย โขย 2m
RBI CUTS INTEREST RATES BY 25 BPS
1 replies7 likes
Ronak Patel
Here you go!ย โขย 4m
๐Loans to get cheaper?
๐ฆRBI cuts the repo rate for the first time in nearly 5 years to boost the economy.
Repo Rate cut by 25bps to 6.25%
๐What is repo rate?
--> It is the interest rate at which the central bank lends money to commercial ban
Have studied about Monetary Policy in short and it's effect.
The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is Indiaโs central bank.
While setting the int